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Dec 5, 2019 8:44 AM ET

Global Cord Blood Corporation Announces Results of 2019 Annual General Meeting

iCrowdNewswire - Dec 5, 2019 - HONG KONG-- Global Cord Blood Corporation (NYSE: CO) ("GCBC" or the "Company"), China's leading provider of cord blood collection, laboratory testing, hematopoietic stem cell processing, and stem cell storage services, today announced the results of its 2019 Annual General Meeting, which was held on December 5, 2019, in Hong Kong S.A.R., China. At the Annual General Meeting, shareholders ratified the re-appointment of KPMG Huazhen LLP as independent auditors of the Company for the financial year ending March 31, 2020,. [more...]

Dec 5, 2019 8:37 AM ET

Manulife Financial Corporation announces results of Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 17

iCrowdNewswire - Dec 5, 2019 - TORONTO- Manulife Financial Corporation ("Manulife") today announced that after having taken into account all election notices received by the December 4, 2019 deadline for conversion of its currently outstanding 14,000,000 Non-cumulative Rate Reset Class 1 Shares Series 17 (the "Series 17 Preferred Shares") (TSX: MFC.PR.M) into Non-cumulative Floating Rate Class 1 Shares Series 18 of Manulife (the "Series 18 Preferred Shares"), the holders of Series 17 Preferred Shares are not entitled to convert. [more...]

Dec 5, 2019 8:36 AM ET

Pingtan Marine Enterprise Announces Chief Financial Officer Change

iCrowdNewswire - Dec 5, 2019 - FUZHOU, China-- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a global fishing company based in the People's Republic of China (PRC), announced today that Mr. Roy Yu, the Company's Chief Financial Officer, has tendered his resignation effective December 5, 2019. Mr. LiMing Yung (Michael), the Company's Senior Vice President, was appointed as Chief Financial Officer effective December 5, 2019. Mr. Xinrong Zhuo, Chairman and CEO of the Company, stated, "On behalf of the Board of Directors of Pingtan, I. [more...]

Dec 4, 2019 11:52 PM ET

Hummingbird Bioscience Raises US$19 Million in Series B Financing

iCrowdNewswire - Dec 4, 2019 - SINGAPORE,-- Hummingbird Bioscience, an innovative biotherapeutics company pioneering the discovery and development of new breakthrough precision antibody therapeutics for difficult-to-treat conditions, today announced that it has raised US$19 million in a Series B financing round.The financing was co-led by Mirae Asset Venture Investment and GNTech Venture Capital. Existing investors, Heritas Capital and Seeds Capital, as well as new investors, Delian Capital; Mirae Asset Capital; DAValue-GiltEdge; HB Investment; Wooshin Venture Investment; and Kiwoom Investment-Shinhan. [more...]

Hyundai Motor Unveils
Dec 4, 2019 2:03 AM ET

Hyundai Motor Unveils ‘Strategy 2025’ Roadmap to Transition into ‘Smart Mobility Solution Provider’

iCrowdNewswire - Dec 4, 2019 - SEOUL, South Korea,-- Hyundai Motor Company today announced a bold roadmap to secure its position as a frontrunner in the future mobility industry. Under the new roadmap, named Strategy 2025, the company will foster Smart Mobility Device and Smart Mobility Service as two core business pillars, and the synergy between the two pillars is expected to facilitate the company's transition into a Smart Mobility Solution Provider. The Smart Mobility Device business will. [more...]

Dec 4, 2019 1:54 AM ET

China Lending Corporation Announces Management Transition

iCrowdNewswire - Dec 4, 2019 - BEIJING, URUMQI, China and HANGZHOU, China,-- China Lending Corporation ("China Lending" or the "Company") (OTC Pink Sheets: CLDOF), a non-bank financial corporation servicing micro-, small- and medium-sized enterprises in China, today announced that its President, Chief Executive Officer ("CEO") and Chairwoman of the Board of Directors, Ms. Li Jingping, resigned her position as CEO, effective November 30, 2019. Ms. Li will continue to serve as the President and Chairwoman of the Company's Board of. [more...]

Dec 3, 2019 1:55 AM ET

FinAccel Raises US$90m to Build and Expand a set of ‘Fast, Affordable and Accessible’ Financial Services in Southeast Asia

iCrowdNewswire - Dec 3, 2019 - SINGAPORE,-- Singapore-headquartered FinAccel, a financial technology company that enables Indonesian consumers to buy online and pay later under the brand Kredivo, has raised US$90 million in a Series C equity funding round to expand in Indonesia and the region. The round was jointly led by Asia Growth Fund (a joint venture between Mirae Asset and Naver) and Square Peg. This funding round brings the total capital raised by the company in 2019 alone to more. [more...]

Dec 2, 2019 2:16 AM ET

KinerjaPay Corp Continuing Update on Financing

iCrowdNewswire - Dec 2, 2019 - JAKARTA, Indonesia,-- The Company, KinerjaPay Corp,  (OTCQB: KPAY) would like to update its shareholders and the general public today about its ongoing communication between Gabriel Capital Ltd's bank HSBC and the Company's local bank, China Construction Bank Indonesia. Both parties are still in the process of finalizing the receipt of Gabriel's HSBC bank guarantee. Over the last week, both parties have been exchanging email communications through the Company's representative as well. [more...]

Dec 2, 2019 2:15 AM ET

TAT Technologies Reports Third Quarter 2019 Results

iCrowdNewswire - Dec 2, 2019 - GEDERA, Israel, Nov. 29, 2019 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ: TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, reported today its unaudited results for the three month and nine months periods ended September 30, 2019. Key Financial Highlights: Revenues for Q3 2019 increased by 13% to $26.1 million compared with $23.2 million in Q3 2018.  Revenues for the nine-months period that ended on September 30,. [more...]

Dec 2, 2019 2:15 AM ET

CollPlant Reports Third Quarter 2019 Financial Results and Provides Business Update

iCrowdNewswire - Dec 2, 2019 - REHOVOT, Israel,-- CollPlant (NASDAQ: CLGN), a regenerative medicine company, today announced financial results for the third quarter ended September 30, 2019 and provided an update on the Company's business developments. Certain metrics, including those expressed on an adjusted basis, are non-GAAP measures. See "Use of Non-IFRS (non-GAAP) Measures" below. CollPlant reported revenues of $679,000 for the third quarter of 2019, an increase of 203% compared to $224,000 in the third quarter of 2018. The Company ended the third quarter of. [more...]

Shikun & Binui Reports Net Profit of NIS 426 Million in the First Nine Months of 2019
Nov 29, 2019 5:36 AM ET

Shikun & Binui Reports Net Profit of NIS 426 Million in the First Nine Months of 2019

iCrowdNewswire - Nov 29, 2019 - AIRPORT CITY, Israel-- Shikun & Binui Ltd. (TASE: SKBN.TA), a global construction and infrastructure company headquartered in Israel, today reported its financial results for the third quarter and first nine months of 2019, ended September 30, 2019. FINANCIAL HIGHLIGHTS OF THE FIRST NINE MONTHS OF 2019 Revenues in the first nine months of 2019 amounted to NIS 4.7 billion, an increase of 12.4% compared to the corresponding period last year. The increase was mainly due to the. [more...]

Shikun & Binui Announces the Company
Nov 29, 2019 5:32 AM ET

Shikun & Binui Announces the Company’s Board of Directors Decision to Update the Group’s Business Strategy

iCrowdNewswire - Nov 29, 2019 - AIRPORT CITY, Israel-- General Shikun & Binui Ltd. (TASE: SKBN.TA) ("the Company") will focus on improving business performance while accelerating operations and increasing the potential transactions backlog in most activities, as well as changing organizational culture, inter alia, to strengthen synergies between all segments of the Group's operations. The Group will strive for operational efficiency in all its operations, and will reduce its financing expenses (including by way of marketable debt turnover, bond. [more...]

Nov 29, 2019 5:11 AM ET

Seeking a way out for Hong Kong

iCrowdNewswire - Nov 29, 2019 - BEIJING-- A news report by China.org.cn on Hong Kong's recent turmoil: The situation in Hong Kong is still fraught with uncertainties. Many disturbing incidents have taken place over the past few weeks: The head of the local justice department was attacked; a police officer was shot by an arrow; an innocent civilian died after being hit by a brick in the head; and schools were forced to halt classes. All these plunged the former. [more...]

Nov 29, 2019 1:01 AM ET

Pintec Partners with ICBC to Facilitate Development of Inclusive Finance

iCrowdNewswire - Nov 29, 2019 - BEIJING,-- Pintec Technology Holdings Ltd. ("Pintec";NASDAQ: PT), a leading independent fintech solutions provider, today announced a strategic alliance with Industrial and Commercial Bank of China (ICBC) to jointly leverage financial technologies to improve the efficiency of lending services for small and micro-sized enterprises (SMEs). ICBC is one of China's "Big Four" state-owned commercial banks and the world's largest bank and public company by total assets. As of 2019, ICBC tops the rankings of Top 1000 World. [more...]

Nov 29, 2019 12:59 AM ET

Shikun & Binui Reports Net Profit of NIS 426 Million in the First Nine Months of 2019

iCrowdNewswire - Nov 29, 2019 - AIRPORT CITY, Israel,-- Shikun & Binui Ltd. (TASE: SKBN.TA), a global construction and infrastructure company headquartered in Israel, today reported its financial results for the third quarter and first nine months of 2019, ended September 30, 2019. FINANCIAL HIGHLIGHTS OF THE FIRST NINE MONTHS OF 2019 Revenues in the first nine months of 2019 amounted to NIS 4.7 billion, an increase of 12.4% compared to the corresponding period last year. The increase was mainly due to the. [more...]

Hikvision provides high resolution cameras to Moscow Zoo for panda observation
Nov 28, 2019 6:43 AM ET

Hikvision provides high resolution cameras to Moscow Zoo for panda observation

iCrowdNewswire - Nov 28, 2019 - HANGZHOU, China-- Hikvision, the world's leading supplier of innovative video security products and solutions, has the honour of sponsoring 20 cameras to Moscow Zoo for giant panda observation and research. The donation ceremony was held at Moscow Zoo on November 21. The Director at Moscow Zoo Svetlana Akulova and the President of Hikvision Russia&CIS Libbo Feng attended the press conference and visited the pandas. Six months ago, Dingding and Ruyi came to Moscow Zoo from China. At present,. [more...]

Nov 27, 2019 2:01 AM ET

Xinhua Silk Road: China Hangzhou cross-border e-commerce pilot area strives to promote integration of e-commerce, manufacturing

iCrowdNewswire - Nov 27, 2019 - BEIJING,-- China (Hangzhou) Cross-Border E-Commerce Comprehensive Pilot Area has carried out a series of measures to promote integration of cross-border e-commerce and the manufacturing industry to further upgrade the industry, according to an official of the pilot area. Shi Huangkai, an official of the Hangzhou cross-border e-commerce comprehensive pilot area made the remarks when attending the Xinhua Silk Road Interview during the 2nd China International Import Expo (CIIE). "The CIIE provides an opportunity for. [more...]

Nov 26, 2019 2:12 AM ET

Mercuria Successfully Closes Oversubscribed Revolving Credit Facility Of US$ 1,200,000,000 In Financing For Its Asian Business

iCrowdNewswire - Nov 26, 2019 - SINGAPORE,-- Mercuria Energy Group Ltd. ("Mercuria" or the "Group"), the global energy and commodities group is pleased to announce the successful signing of US$ 1.2 billion credit facilities (the "Facilities") that was joined by a group of 37 banks. The Facilities were arranged by Australia and New Zealand Banking Group Limited, Bank of China, Singapore Branch, Coöperatieve Rabobank U.A. Singapore Branch, DBS Bank Ltd., Emirates NBD Capital Limited, Industrial and Commercial Bank of China Limited, London Branch, ING Bank N.V. Singapore Branch, Mizuho Bank, Ltd.,. [more...]

Nov 25, 2019 2:25 AM ET

Jolywood Discusses the Benefits of N-type Bifacial PV Modules at Solar Asset Management MENA 2019

iCrowdNewswire - Nov 25, 2019 - TAIZHOU, China, Nov. 25, 2019 /PRNewswire/ -- Dr. Liu Zhifeng, director of Jolywood Taizhou, China's leading PV modules manufacturer, was invited to the Solar Asset Management MENA 2019 to introduce the key features of N-type bifacial modules that have significantly increase the IRR (Internal rate of return) of solar power plants in the Middle East. Hosted by SolarPlaza, the event gathered hundreds of representatives and solar investors from global providers of EPC (engineering, procurement and construction), Testing institutions and OEMs (Original Equipment. [more...]

Lincoln International Adds Yingpei Song as Managing Director
Nov 25, 2019 2:22 AM ET

Lincoln International Adds Yingpei Song as Managing Director

iCrowdNewswire - Nov 25, 2019 - BEIJING,-- Lincoln International, a global investment banking advisory firm, is pleased to announce that Yingpei Song has joined the firm as a Managing Director in Beijing. She brings 15 years of investment banking advisory experience and broad sector coverage including industrials, energy and power and TMT to Lincoln. "Yingpei adds significant mergers and acquisitions and debt/equity financing experience, as well as sector and geographic expertise to our China operations," stated Jim Lawson, Lincoln International Chairman. [more...]

Nov 25, 2019 2:20 AM ET

China Customer Relations Centers, Inc. Announces Unaudited Financial Results for the First Half of 2019

iCrowdNewswire - Nov 25, 2019 - TAI'AN, China,-- China Customer Relations Centers, Inc. (NASDAQ: CCRC) ("CCRC" or the "Company"), a leading call center business process outsourcing ("BPO") service provider in China, today announced its financial results for the six months ended June 30, 2019. First Half of 2019 Highlights (all comparisons to prior year unless noted) Revenues increased by 11.0% to $73.3 million driven by continued expansion of business. Gross profit decreased by 7.8% to $18.7 million. Gross margin decreased by 5.1 percentage points. [more...]

Nov 21, 2019 12:46 AM ET

NetEase Reports Third Quarter 2019 Unaudited Financial Results

iCrowdNewswire - Nov 21, 2019 - BEIJING,-- NetEase, Inc. (NASDAQ: NTES) ("NetEase" or the "Company"), one of China's leading internet and online game services providers, today announced its unaudited financial results for the third quarter ended September 30, 2019. Third Quarter 2019 Financial Highlights[1] Net revenues[2] were RMB14,635.7 million (US$2,047.6 million), an increase of 11.2% compared to the third quarter of 2018. - Online game services net revenues were RMB11,534.8 million (US$1,613.8 million), an increase of 11.5% compared to the third quarter of 2018.- Youdao net. [more...]

Nov 21, 2019 12:45 AM ET

GuardRails raises USD750k to help businesses create bullet-proof software

iCrowdNewswire - Nov 21, 2019 - SINGAPORE,-- GuardRails, a SaaS-based software security provider, today announced a USD750k seed financing round led by Cocoon Capital, a Singapore-based early-stage venture capital firm. GuardRails helps developers find, fix, and prevent security vulnerabilities in real-time at a low cost and has close to 800 software teams on its platform. GuardRails was founded by Stefan Streichsbier, a renowned Austrian security expert who co-authored the first certifiable security standard in the European Union for web application. [more...]

Nov 21, 2019 12:44 AM ET

X Financial Reports Third Quarter 2019 Unaudited Financial Results

iCrowdNewswire - Nov 21, 2019 - SHENZHEN, China,-- X Financial (NYSE: XYF) (the "Company" or "we"), a leading technology-driven personal finance company in China, today announced its unaudited financial results for the third quarter ended September 30, 2019. Third Quarter 2019 Financial Highlights Net revenues in the third quarter of 2019 increased by 4.5% to RMB866.8 million (US$121.3 million) from RMB829.5 million in the same period of 2018. Income from operation in the third quarter of 2019 decreased by 14.5% to RMB234.7 million (US$32.8 million). [more...]

Nov 20, 2019 2:04 AM ET

Strauss Group Announces Results for the Third Quarter of 2019: Revenue Growth Driven by Volume Growth, and Continued Improvement in Profit Margins

iCrowdNewswire - Nov 20, 2019 - PETAH TIKVA, Israel,-- Giora Bardea, President and CEO of Strauss Group (TASE: STRS): "This morning we are announcing another quarter of revenue growth and significantly improved profit earnings and margins across most of the Group's businesses. These results were achieved thanks to innovation and product diversification, a guiding concept for the Group, as well as the implementation of efficiency enhancement processes in our plants in Israel and around the world. The appreciation of the shekel against. [more...]

Nov 20, 2019 2:02 AM ET

OneConnect leads Southeast Asia’s sustainable financing with two smart lending platforms

iCrowdNewswire - Nov 20, 2019 - JAKARTA and MANILA, Philippines,-- OneConnect Financial Technology Co. Ltd. (OneConnect), today announced it is leading Southeast Asia's sustainable financing with the launch of two smart lending platforms – SeekCap, the Philippines' first lending platform that helps the underserved micro, small and medium enterprises (MSMEs) manage cashflow and grow their business, as well as a multi-finance platform that will empower millions of unbanked and underbanked Indonesians with easy access to loans to finance their purchase of vehicles essential for their daily transportation so as to. [more...]

Nov 20, 2019 1:58 AM ET

Vietnam’s Sendo completes largest financing round to date

iCrowdNewswire - Nov 20, 2019 - HO CHI MINH CITY, Vietnam,-- Sendo, Vietnam's leading C2C e-commerce marketplace, has announced that it has successfully secured an investment of USD 61 million in its Series C financing round, which represents the largest for the Company to date. Sendo had previously raised a USD 51 million Series B financing round in August 2018. "The funds will be used to expand the breadth of its existing integrated platform offering to both sellers and consumers, as well as. [more...]

Therapix Biosciences Enters Into MOU for Business Combination With Heavenly Rx, Ltd
Nov 19, 2019 2:14 AM ET

Therapix Biosciences Enters Into MOU for Business Combination With Heavenly Rx, Ltd

iCrowdNewswire - Nov 19, 2019 - TEL AVIV, Israel,Therapix Biosciences Ltd. ("Therapix" or the "Company") (NASDAQ: TRPX), announced today that it entered into a memorandum of understanding ("MOU") with Heavenly Rx, Ltd. ("Heavenly Rx"), an emerging consumer hemp CBD company, pursuant to which Therapix and Heavenly Rx have agreed to pursue a business combination.  Any transaction between the parties remains subject to entry into a definitive agreement and to shareholder and regulatory approvals. Pursuant to the MOU, the parties will. [more...]

Nov 19, 2019 2:10 AM ET

Budget Petroleum LLC Announces Launch of New Website, Recent Corporate Developments and a Key Addition to Its Board of Directors

iCrowdNewswire - Nov 19, 2019 - DUBAI, UAE,-- Budget Petroleum LLC (the "Company"), a premier provider of the Oil & Gas Industry announces new upgraded website, recent corporate developments and a key addition to its Board of Directors. Please visit http://www.budgetpetroleum.com/ to view complete information. Budget Petroleum LLC announces Jay Yu as key addition to its Board of Directors. Mr. Yu will serve as a partner and executive director to Budget Petroleum. President & CEO, Zahid Bashir comments, "Mr. Yu will bring immense. [more...]

Nov 18, 2019 5:37 AM ET

Bitauto to Report Third Quarter 2019 Unaudited Financial Results on November 26, 2019

iCrowdNewswire - Nov 18, 2019 - BEIJING-- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China's fast-growing automotive industry, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2019, before the U.S. market opens on Tuesday, November 26, 2019. Bitauto's management will hold an earnings conference call at 7:00 AM on November 26, 2019 U.S. Eastern Time (8:00 PM on November 26, 2019 Beijing/Hong Kong time). Dial-in. [more...]